Nvidia bans usage of its GPU in non-mining datacenters

From now on, non-mining data centers without appropriate manufacturer's permission will be required to use specialized solutions
09 January 2018   268

GPU manufacturer Nvidia has changed the terms of the license agreement for some products. From now on, data centers can not use certain equipment, unless they are engaged in crypto-currency mining.

In the new agreement, the company draws attention to the fact that drivers that allow computers to work with GeForce and Titan chips are not intended for use in data centers that do not handle the operations on the blockchain.

No Datacenter Deployment. The SOFTWARE is not licensed for datacenter deployment, except that blockchain processing in a datacenter is permitted.

License For Customer Use of NVIDIA GeForce Software

The document notes blockchain operations as the energy-consuming process of adding transaction blocks to the blockchain system, better known as mining. Nvidia's products, as well as its competitor AMD, are very popular among the crypto-currency miners.

From now on, data centers that do not have the appropriate manufacturer's permission will be required to use specialized solutions, the price of which is much higher. If the standard GeForce graphics card costs about $ 700, then the price of the enterprise-grade hardware, for example Tesla V100, is approaching $ 10,000.

According to The Register, Nvidia's spokesman explained that the GeForce and Titan video processors are designed for individual users, and not for large companies that constantly open data centers.

Mining Companies Approached Quebec

Miners are hoping to take advantage of Canadian electric utility Hydro-Quebec cheap rates
17 February 2018   137

During an interview with CTV News Montreal, spokesman Marc-Antoine Pouliot told that more than 100 crypto mining companies approached Hydro-Quebec. Few of them have already settled there.

According to Pouliot, some farms would consume more than 20x the power required for Montreal's sports and entertainment complex, The Bell Centre.

One project like that isn't a problem, but now we're talking hundreds.

Marc-Antoine Pouliot


Hydro-Quebec is attracting mining companies to the province with its low rates, but the cheap energy and cold weather - ideal for keeping mining machines cool.

Pouliot stated that Hydro-Quebec has a surplus of energy, which makes miners interesting clients. Taking this into account, Hydro-Quebec may raise energy rates for crypto businesses.